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  1. #1
    AgX
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    Tom Petters sentenced

    Tom Petters has been sentenced to 50years of imprisonmemt by US court for fraud.

  2. #2

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    Yes, but given allowance for time served and possible time off for good behavior, he may serve only 41 years.
    "Far more critical than what we know or do not know is what we do not want to know." - Eric Hoffer

  3. #3

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    Greed can creap on you for sure!

    Jeff

  4. #4
    AgX
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    I am still puzzled by that verdict. Though I should not be surprised as the different national kinds of criminal justice are continuously a topic of the media over here.

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    What puzzles you? Too short? Too long? Sentence vs. that for a violent crime?
    "Far more critical than what we know or do not know is what we do not want to know." - Eric Hoffer

  6. #6
    AgX
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    I am puzzled by the long duration. Over here fraud is a relatively mildly sentenced crime as the opponent in the transaction is participating (by letting himself being betrayed).
    You refer to violent crime: As the sentence in this case is practically already a life-long sentence, how would someone be sentenced who commited a violent crime?
    Last edited by AgX; 04-12-2010 at 06:43 PM. Click to view previous post history. Reason: grammar

  7. #7

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    Violent crimes in the US usually get long sentences and then early parole it seems...
    Kirk

    For up from the ashes, up from the ashes, grow the roses of success!

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    I'm no expert, but from what I read in the local papers the Petters sentence is a function of a few things:
    it was a long running fraud, and multiple frauds, not an isolated incident
    he did not plead guilty (kind of a catch-22)
    many people were hurt
    it's intended as a warning to others.

    Perhaps if he had been sentenced before some of the larger scandals came to light (such as Madoff) he would have gotten off a bit easier. But the public is angry.
    "Far more critical than what we know or do not know is what we do not want to know." - Eric Hoffer

  9. #9
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    Quote Originally Posted by AgX View Post
    I am puzzled by the long duration. Over here fraud is a relatively mildly sentenced crime as the opponent in the transaction is participating (by letting himself being betrayed).
    You refer to violent crime: As the sentence in this case is practically already a life-long sentence, how would someone be sentenced who commited a violent crime?
    AgX:

    Arguably, the USA believes in and uses incarceration more than any other country in the world.

    I expect that it has something to do with the fact that there are two parallel systems of criminal justice (federal and state).
    Matt

    “Photography is a complex and fluid medium, and its many factors are not applied in simple sequence. Rather, the process may be likened to the art of the juggler in keeping many balls in the air at one time!”

    Ansel Adams, from the introduction to The Negative - The New Ansel Adams Photography Series / Book 2



 

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